It's Climate Week at LVMH
Marking the five years (and one month) since the signing of the Paris Agreement, LVMH and its 160,000 employees are currently in the midst of a week-long, online climate event to herald the launch of the group’s LIFE 360 (LVMH Initiatives for the Environment) programme.
On the event’s agenda are 12 “focus sessions” with guests including several creative directors of LVMH’s luxury houses, senior executives and other staff members, a group press release said.
Following on from LVMH’s LIFE 2020 policy, which reportedly saw the group achieve or exceed its targets, the new programme sets out an “ambitious environmental roadmap” for the coming three, six and ten years. Throughout the week and beyond, employees are being asked to “Be the change” and “actively contribute to sustainable luxury”.
Antoine Arnault, LVMH director of image, communication and the environment, said: “[The LIFE 360] path is extremely ambitious and at the same time initiates a virtuous circle, because we know better than any company the power that springs from innovation and creativity. In the future, creativity will be virtuous, or it will not be. I have complete confidence in the ability of the people of LVMH to meet this challenge together.”
LIFE 360’s “precise” targets will be announced in 2021 along with the official commencement of the programme, but LVMH did reveal its four pillars: climate, biodiversity, creative circularity and transparency.
New climate targets for the group will include the use of 100% renewable energy across all sites, as well as the elimination of fossil-based virgin plastic in packaging, by 2026.
Image: Martin Colombet/LVMH.
